Scholarships, Grants, and Loan Trends at Artistic Academy

Over the past 12 years (2011-2022), the average number of students who received grants aid/scholarships is 109, which is 48.36 % of all undergraduate students. 87 students which is 38.18% of undergraduate students received federal student loans and the average loan amount is $5,931.
For full-time, first-time beginning students (freshmen), 76.82% of students received grants or scholarships and 66% of students received student loans.

All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at Artistic Academy of Hair Design since 2011.
For that period, the average number of students who received grants aid/scholarships is 109, which is 48.36 % of all undergraduate students. 87 students which is 38.18% of undergraduate students received federal student loans and the average loan amount is $5,931.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2011-12142 (37%)$3,11981 (21%)$3,670131 (34%)$5,787
2012-13119 (43%)$3,13376 (28%)$3,58498 (36%)$6,000
2013-14127 (47%)$2,80982 (30%)$3,286101 (38%)$6,415
2014-1587 (36%)$3,41853 (22%)$3,60883 (34%)$7,446
2015-1676 (35%)$3,29843 (20%)$4,04271 (33%)$6,075
2016-1790 (45%)$3,41455 (28%)$3,71189 (45%)$6,146
2017-18100 (56%)$4,33068 (38%)$3,90077 (43%)$5,686
2018-19102 (47%)$3,87371 (33%)$4,24686 (39%)$5,866
2019-20111 (57%)$3,48556 (29%)$4,14383 (43%)$5,524
2020-21101 (58%)$2,49641 (24%)$3,47348 (28%)$5,108
2021-22139 (71%)$2,87359 (30%)$4,17592 (47%)$5,192
Average109 (48.36%)$3,29562 (27.55%)$3,80387 (38.18%)$5,931

Freshmen (First-time, Full-time Undergraduate) Financial Aid Over Time

For the last 12 years, on average, 38 (76.82 % of students) received grants or scholarships and its average amount is $3,376. It can cover 15.63% of tuition & fees ($21,600).
In addition, 33 (65.64 % of students) students get helped from the students loans (average amount : $5,640).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2011-1269 (60%)$3,08673 (63%)$5,750
2012-1344 (65%)$3,16737 (54%)$6,051
2013-1450 (77%)$2,72437 (57%)$6,110
2014-1533 (75%)$3,26132 (73%)$5,896
2015-1633 (66%)$3,02035 (70%)$6,047
2016-1728 (68%)$3,47530 (73%)$5,937
2017-1838 (86%)$4,45835 (80%)$5,627
2018-1932 (74%)$4,12029 (67%)$5,645
2019-2027 (87%)$3,85124 (77%)$5,186
2020-2126 (93%)$3,25215 (54%)$4,742
2021-2233 (94%)$2,72219 (54%)$5,047
Average38 (76.82%)$3,37633 (65.64%)$5,640
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentage of number of students receiving aids among all undergraduate students.
The following table shows the trends of grants or scholarships over time. For the last 12 years, on average, 19 (37.09 % of students) received Pell (federal) grants and its average amount is $4,313.
In addition, 2 students received State/local government grants/scholarships (4.22 % of students).
Year Federal (Pell) GrantsOther Federal State/Local governmentInstitutional
Number Received (percent)Average AmountNumber Received (percent)Average Amount Number Received (percent)Average AmountNumber Received (percent)Average Amount
2011-1237 (32%)$3,93635 (30%)$1806 (5%)$4,00040 (35%)$925
2012-1323 (34%)$3,62719 (28%)$1924 (6%)$4,00043 (63%)$843
2013-1422 (34%)$3,95722 (34%)$2322 (3%)$2,73050 (77%)$772
2014-1517 (39%)$4,13917 (39%)$2741 (2%)$5,80033 (75%)$812
2015-1615 (30%)$4,50615 (30%)$3661 (2%)$4,00033 (66%)$684
2016-1716 (39%)$4,09816 (39%)$2922 (5%)$4,00027 (66%)$706
2017-1823 (52%)$4,51420 (45%)$2854 (9%)$4,00038 (86%)$1,155
2018-1919 (44%)$5,12019 (44%)$2051 (2%)$6,00032 (74%)$771
2019-2011 (35%)$5,12011 (35%)$320--27 (87%)$1,634
2020-2112 (43%)$3,88112 (43%)$4311 (4%)$6,00026 (93%)$1,032
2021-229 (26%)$4,5479 (26%)$325--33 (94%)$1,393
Average19 (37.09%)$4,31318 (35.73%)$2822 (4.22%)$4,50335 (74.18%)$975
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentage of number of students receiving aids among all undergraduate students..
The following table describes number of students and average amount of loans by loan type. The following table shows the trends of grants or scholarships over time.
For the last 12 years, on average, 33 (65.64 % of students) get any students loan help and its average loan amount is $33.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2011-1273 (63%)$5,75073 (63%)$5,750--
2012-1337 (54%)$6,05137 (54%)$6,051--
2013-1437 (57%)$6,11037 (57%)$6,110--
2014-1532 (73%)$5,89632 (73%)$5,896--
2015-1635 (70%)$6,04735 (70%)$6,047--
2016-1730 (73%)$5,93730 (73%)$5,937--
2017-1835 (80%)$5,62735 (80%)$5,627--
2018-1929 (67%)$5,64529 (67%)$5,645--
2019-2024 (77%)$5,18624 (77%)$5,186--
2020-2115 (54%)$4,74215 (54%)$4,742--
2021-2219 (54%)$5,04719 (54%)$5,047--
Average33 (65.64%)$5,64033 (65.64%)$5,640--
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